DaCounselor, you are right, technically, that NODs/foreclosures as a proportion of number of loans outstanding would be a better indicator of ‘sickness’ or ‘health.’ Unfortunately, number of loans outstanding for San Diego is not something that I see reported regularly (and then how do you tease out first vs. second mortgages, etc.).
rockclimber, unfortunately, DataQuick only makes quarterly public releases of NODs and foreclosures regularly. Occasionally, I’ll see a monthly NOD/foreclosure reported between quarterly reports, but nothing consistent. Hence, I wait for the quarterly report.
